Momentum Logistics wins contract to provide UASC with logistics services

UASC is a major player in the Middle East region and adjacent markets, in container shipping. With a network that covers over 200 ports and destinations worldwide, offering containerized and conventional cargo transportations, temperature controlled cargo and value added services to a diversified Client-base.

This contract with Momentum Logistics comes in line with UASC's expansion plans and in anticipation of the arrival of some of the world's largest container ships to the region during 2011.

Waleed Al Dawood, COO of UASC, commented, "Expanding the value of our services to satisfy the growing needs of our customers is essential in maintaining the long-term prosperity of our company and business."

Matthew Derrick, General Manager of Momentum Logistics, said:

"We very much value the long term relationship we have with UASC, and look forward to exploit this additional venue of collaboration. UASC is a major and active user of our Khorfakkan Terminal where, I am pleased to say, we have regularly set records of performance and productivity on their ships."

According to the contract Momentum Logistics will provide UASC with dedicated warehouse space and other logistics services - in addition to their regular business at the company's container repair and washing facilities.

Momentum Logistics is committed to delivering excellent, cost-effective logistical solutions. On this basis the company has grown substantially since its launch in October 2008 to establish itself as a leading and indispensable logistic solutions provider, offering clients a comprehensive suite of integrated logistics services encompassing transportation, freight forwarding, warehousing, logistics cities and container repair services.

"We continually focus on our core values of transparency, accountability and efficiency in order to deliver value to our clients," said Derrick.

Momentum's transportation division has been setting the pace for cost effective and safe inland transport and distribution, for nearly 30 years in the United Arab Emirates, previously under the Gulftainer/ Speedtrux banner. This has been achieved through ensuring the customer is always the first priority. Momentum's transportation fleet of tractors and trailers has grown to be the one of the largest trucking operations in the region, distinctive in their pristine green livery. The fleet comprises 122 tractors and over 240 trailers, including specialized low bed trailers and tipping chassis.

In the first year of its existence Momentum has come a long way. The freight division has established a global network of agents, assembled a team of experienced professionals and attracted over 50 new clients. The transport division has completed the re-branding of all equipment, which now displays Momentum's distinctive green livery, the fleet has been increased to over 120 units, and the division has relocated to new offices and opened a state-of-the-art vehicle maintenance and repair facility within the Sharjah Inland Container Depot (SICD).

The development of logistics cities is also in full swing, and the levelling of the site for International Logistics City in Al Saja'a is complete, with work underway on the perimeter road network. Twelve new warehouses have been added to SICD's facilities, and work is underway on a further 12 that are due to be completed in Q2 2010. The new container repair depot at SICD is also operational, and this division continues to attract new business, having added six key clients to its portfolio so far this year.